News
DGGF commits $170,000 funding to support Foxmont Philippine Ventures Fund III
Dutch Good Growth Fund – Financing local SMEs (DGGF) will commit a funding of $170,000 to support Foxmont Philippine Ventures Fund III, with $150,000 allocated to their Business Development Services (BDS) facility and $20,000 dedicated to Technical Assistance (TA).
IBM: only 11 percent of organizations in APAC is truly AI-ready despite 85 percent claiming to be
A new study commissioned by IBM revealed that while Asia Pacific (APAC) organizations are increasing investment in artificial intelligence (AI) and Industry 4.0 capabilities, many overestimate their actual maturity and struggle with fundamental challenges in holistic adoption.
Cradle partners NIPA to launch Korea-ASEAN AI Development & Startup Competition 2025
The National IT Industry Promotion Agency of Korea (NIPA), in collaboration with the ASEAN Secretariat and Cradle Fund Sdn Bhd (Cradle) under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), is implementing the inaugural Korea-ASEAN AI Development & Startup Competition 2025.
AIMS completes Cyberjaya Block 3 data center in Malaysia ahead of schedule
Malaysia-based data center firm AIMS Data Center Sdn Bhd (AIMS) has completed its Cyberjaya Block 3 in the country ahead of schedule.
APDCA foresees $34 bln economic output from Malaysia’s data centers
The Asia-Pacific Data Center Association (APDCA) has projected that the sector could generate approximately $34 billion in total economic output and support 30,900 jobs by 2030 — up from $1.4 billion and 4,400 jobs in 2024.
Singapore’s 129Knots and Green Link Digital Bank team up to launch global embedded finance initiative for marine fuel
Singapore's fintech firms Green Link Digital Bank (GLDB) and 129Knots have joined forces to launch a global embedded finance program aimed at unlocking liquidity in the marine fuel industry.
NTT DATA: 93 percent of APAC healthcare decision makers said GenAI accelerates R&D
Research by NTT DATA, a Japan-based business and technology services, revealed Wednesday that 94 percent of respondents say GenAI accelerates research and development (R&D) to enable faster access to new treatments, improved diagnostics, predictive analytics and task automation.
Maxis partners with Aduna to accelerate enterprise innovation through powerful network APIs
Maxis, a Malaysia-based integrated telco, announced Thursday that it has entered a partnership with Aduna, a landmark venture between some of the world's leading telecom operators and Ericsson, to drive the adoption of powerful, standardized network application programming interfaces (APIs) that will accelerate digital innovation for businesses.
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth
Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.
